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Crypto AI Sector Revival Drives RCO Finance to New Inflow Record

Aug 26, 2024
  1. Dogecoin Eyes Potential 77% Breakout
  2. Artificial Superintelligence Alliance Commits $10 Million to Startups
  3. RCO Finance Sees Record Inflow Due To AI Resurgence

The revival of the crypto AI sector has spurred RCO Finance to break a new inflow record.

Dogecoin Eyes Potential 77% Breakout

Crypto analyst Clifton Fx has predicted an impending breakout for Dogecoin (DOGE) as the crypto market rebounds. In his tweet on August 23, Clifton highlighted a bullish chart pattern on DOGE’s three-day chart that could drive a 77% increase in value. The pattern involves a descending wedge with two converging trendlines. Clifton claims that DOGE will break through the upper trendline and rally by 77%. Technical indicators like the MACD support this proposition, with the blue line crossing the orange. DOGE is trading at $0.114, having risen 11.34% in the last seven days.

Artificial Superintelligence Alliance Commits $10 Million to Startups

The Artificial Superintelligence Alliance (ASI), an AI-focused blockchain protocol, has opened an innovation lab in San Francisco. ASI will allocate $10 million to support startups that use its tech resources. Humayun Sheikh, CEO of Fetch.ai and co-founder of ASI, stated that the hub will back projects that bring real AI applications to users. The initiative includes technical workshops, hackathons, and empowerment programs. FET gained 50.93% in the last seven days, trading at $1.26. Meanwhile, new player RCO Finance is emerging.

RCO Finance Sees Record Inflow Due To AI Resurgence

Crypto AI platform RCO Finance has seen a significant increase in user and capital inflow as the AI sector rebounds. Experts attribute this growth to RCO Finance’s AI-powered tools, including an automated trading interface and an AI robo-advisor. The robo-advisor selects the most lucrative assets and trades them on behalf of the investor, using machine learning to adapt to individual needs and develop risk management strategies. RCO Finance does not require the 'Know Your Customer' procedure for onboarding. Its smart contract has been audited by SolidProof to minimize risk.

The revival of the crypto AI sector stimulates RCO Finance's growth, potentially altering the crypto market in the near future.

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